Live: Tens of billions wiped off ASX as recession fears sink global markets

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Tens of billions of dollars have been wiped off the value of Australia's top companies amid global markets sinking on worries of more aggressive interest rate hikes by the US central bank. Follow live.

ASX plunges 4 per cent, global stocks slump on recession fearswiping tens of billions of dollars

off the value of the country's top companies after global markets sank on worries of more aggressive interest rate hikes by the US central bank.and I'll be keeping you up to date with today's developments, and what it means for you.

 

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And watch the bounce-back tomorrow!

can you kindly inform your readers how much the avg persons super fund has lost since the ALP came to town with their plans to fix everything?

oh the joys of gambling! 'Former Prime Minister Paul Keating has condemned the Liberal Party's (LNP) new home buying scheme allowing Australians to dip into their superannuation to help buy a home' he would rather see you lose it all on your supers stock market gamble

Well all the people that withdrew their super in the pandemic will be relieved

Blindly following the US market yet again. Buggered if I know why we have our own Stock Exchange and Investment Broker structure, when they all do stuff all analysis to determine true share value of Aussie listed companies. It’s an absolute disgrace consisting of overpaid puppets

Earth has been in recession and poverty for the last 100years as a matter of fact. ausgov politas

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